Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd increased its holdings in Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 8.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 817,592 shares of the online travel company’s stock after acquiring an additional 64,332 shares during the period. AustralianSuper Pty Ltd’s holdings in Expedia Group were worth $121,020,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. DoubleLine ETF Adviser LP acquired a new position in shares of Expedia Group in the 2nd quarter valued at $465,000. Sumitomo Mitsui Trust Holdings Inc. increased its position in Expedia Group by 1.9% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 343,389 shares of the online travel company’s stock worth $47,302,000 after buying an additional 6,432 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Expedia Group by 18.3% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 154,867 shares of the online travel company’s stock worth $21,333,000 after purchasing an additional 23,939 shares during the period. Swedbank AB raised its stake in Expedia Group by 5.0% during the second quarter. Swedbank AB now owns 169,076 shares of the online travel company’s stock worth $21,302,000 after acquiring an additional 8,026 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its position in shares of Expedia Group by 33.7% during the first quarter. Advisors Asset Management Inc. now owns 7,927 shares of the online travel company’s stock worth $1,092,000 after buying an additional 1,996 shares during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Price Performance

Shares of Expedia Group stock traded down $5.45 on Thursday, hitting $155.70. 708,884 shares of the company traded hands, compared to its average volume of 2,172,096. Expedia Group, Inc. has a 12-month low of $92.48 and a 12-month high of $164.65. The firm’s 50-day simple moving average is $145.82 and its 200 day simple moving average is $131.65. The company has a market cap of $21.22 billion, a P/E ratio of 29.20, a P/E/G ratio of 0.63 and a beta of 1.79. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 2.45.

Expedia Group (NASDAQ:EXPEGet Free Report) last released its quarterly earnings data on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, beating analysts’ consensus estimates of $3.17 by $0.34. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. The firm had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.53 billion. During the same quarter in the prior year, the firm posted $2.34 earnings per share. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. Analysts expect that Expedia Group, Inc. will post 8.98 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 5,417 shares of the firm’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the completion of the sale, the insider now owns 84,543 shares of the company’s stock, valued at $11,379,487.80. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the sale, the insider now owns 84,543 shares of the company’s stock, valued at $11,379,487.80. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total value of $1,657,163.00. Following the transaction, the insider now owns 89,960 shares in the company, valued at $11,829,740. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 38,019 shares of company stock valued at $5,390,191. 8.07% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on EXPE shares. DA Davidson restated a “neutral” rating and set a $135.00 price objective on shares of Expedia Group in a research note on Friday, August 9th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $130.00 target price on shares of Expedia Group in a research note on Monday, October 7th. TD Cowen cut shares of Expedia Group from a “buy” rating to a “hold” rating and lifted their price target for the stock from $130.00 to $150.00 in a report on Wednesday, September 25th. StockNews.com downgraded Expedia Group from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 24th. Finally, Citigroup boosted their target price on Expedia Group from $140.00 to $145.00 and gave the company a “neutral” rating in a research note on Friday, August 9th. Nineteen research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $152.54.

Read Our Latest Report on EXPE

Expedia Group Profile

(Free Report)

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.

See Also

Want to see what other hedge funds are holding EXPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expedia Group, Inc. (NASDAQ:EXPEFree Report).

Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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